What is the max contribution for HSA 2021?

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2021 HSA contribution limits and caps

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses while saving on taxes. In 2021, the maximum contribution allowed for individuals is $3,600, and for families, it is $7,200.

In 2021, the maximum contribution limits for Health Savings Accounts (HSAs) have been set to $3,600 for individuals and $7,200 for families, allowing you to effectively save for healthcare expenses while enjoying tax benefits.

Tax benefits and why contribute

Contributions to an HSA are tax-deductible and grow tax-free, making it an attractive option for those looking to save for future medical expenses.

Here are some key points to remember about HSA contributions in 2021:

Key 2021 contribution points and catch-up

• Individual contribution limit: $3,600
• Family contribution limit: $7,200
• Individuals aged 55 and older can make an additional $1,000 catch-up contribution